Question
a.
predicted fixed cost
b.
predicted variable cost
c.
predicted cost
d.
predicted price
Posted under Cost Function and Behavior Cost Accounting
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. In the linear cost function, which is y = a + bx, the 'y' is classified as
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. In the specification analysis, the assumptions related to linearity states but linearity must be within
View solution
Q. In regression analysis, if the predicted cost value is 65 and observed cost value is 19 then the disturbance term will be
View solution
Q. In adjustment issues of costing, the database must consider wide range values of
View solution
Q. The method, which considers the cost and cost drivers of departments such as employee relations and process engineering is termed as
View solution
Q. The examples of nonlinear cost functions are
View solution
Q. If the residual error is 35 and the predicted cost value is 20, then the observed cost value will be
View solution
Q. In Regression Analysis, if an observed cost value is 85 and the disturbance error is 25 then predicted cost value will be
View solution
Q. The relationship between cost and cost driver is economically plausible if the goodness of fit
View solution
Q. The situation in which two or more independent variables are highly correlated is known as
View solution
Q. The first step in estimation of cost function by using quantitative analysis is to
View solution
Q. If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be
View solution
Q. Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as
View solution
Q. The method which considers the lowest and highest values of cost driver and cost within relevant range is called
View solution
Q. The vertical dashed line in graphical representation of cost function represents the
View solution
Q. In dependent variable cost pool, the relationship between individual cost items and cost drivers can be classified as
View solution
Q. The value, which measures that how large is the value of standard error in relevance to value of estimated coefficient, is termed as
View solution
Q. The chances of cost to be considered as variable are more, if the
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond Cost Accounting? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
